The Department of Justice (DOJ) has raised concerns over new forms related to the National Association of Realtors (NAR) settlement and MLS practices in California. The plaintiffs push for the proceedings to continue, while the DOJ seeks a delay until after NAR's Nov. 26 settlement hearing. NAR has agreed to implement changes by Aug. 17 as part of a $418 million settlement in class-action lawsuits over buyer commissions. A $30 billion settlement is facing a challenge by a judge. Buyer agents are advised on the impending NAR commission lawsuit settlement.
The clock is ticking on implementation of the NAR commission lawsuit settlement. Team leader Carl Medford outlines what buyer agents need to know to be successful under the new rules of the road. https://t.co/b888pXUHTH
A planned $30 billion settlement is being challenged by a judge. https://t.co/XWMR6vhzbZ
The National Association of Realtors has agreed to make changes by Aug. 17, as part of its $418 million settlement agreement in a series of class-action lawsuits over buyer commissions. https://t.co/8FAaDeTJPh
The plaintiffs argue that the proceedings should move forward, but the DOJ wants to delay approval of the deal until after NAR’s Nov. 26 settlement hearing. https://t.co/IDpU0XRP1j #realestatenews #realestate #lawsuits #NAR #futureofrealestate
The California Association of Realtors informed members that the DOJ expressed concern over new forms related to the NAR settlement and MLS practices. https://t.co/olFKc1XoPL #realestatenews #realestate #Californiarealestate #CArealtors